EBS to enforce Ultra participation criteria from mid-June

calendar — Mark the date: participation criteria calculations for EBS Ultra Live will commence on May 15, with enforcement four weeks later

- Eva Szalay
- 12 Apr 2017

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EBS BrokerTec is set to enforce the participation requirements for its EBS Live Ultra data feed from mid-June, following a four-week period of data collection beginning on May 15, and cut off access to its five millisecond data stream for clients who do not meet the maker/taker ratio.

The platform will also introduce local Immediate or Cancel (IOC) order types on its three matching engines, which will allow clients to match on a regional basis as well as in the global liquidity pool.

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